Latest News

Why you should keep life insurance out of your estate

By |2020-03-18T12:38:13+00:00March 18th, 2020|Latest News|

If you have a life insurance policy, you probably want to make sure that the life insurance benefits your family will receive after your death won’t be included in your estate. That way, the benefits won’t be subject to the federal estate tax. Under the estate tax rules, life insurance will be included in your

Marketing is a game of adjustments

By |2020-03-18T12:36:01+00:00March 18th, 2020|Latest News|

In business, a failure to evolve may lead to failure. One way to keep your company rolling is to regularly adjust how you market products or services to customers and prospects. A marketing strategy shouldn’t be a knee-jerk reaction to some enticing rumor or hot trend. Rather, it needs to be a carefully calculated effort

The 2019 gift tax return deadline is coming up

By |2020-03-10T22:38:23+00:00March 10th, 2020|Latest News|

If you made large gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2019 gift tax return. And in some cases, even if it’s not required to file one, it may be beneficial to do so anyway. Who must file? Generally, you must file

Home is where the tax breaks might be

By |2020-03-04T17:31:04+00:00March 4th, 2020|Latest News|

If you own a home, the interest you pay on your home mortgage may provide a tax break. However, many people believe that any interest paid on their home mortgage loans and home equity loans is deductible. Unfortunately, that’s not true. First, keep in mind that you must itemize deductions in order to take advantage of the

How’s your buy-sell agreement doing these days?

By |2020-03-04T17:28:23+00:00March 4th, 2020|Latest News|

Most companies wouldn’t go into business without some basic types of insurance in place, such as property coverage and a liability policy. For a company with more than one owner, there’s an additional type of risk-management arrangement that needs to be established: a buy-sell agreement. If your business has yet to create one, you should

Give your 401(k) plan a checkup at least once a year

By |2020-03-04T17:26:05+00:00March 4th, 2020|Latest News|

In many industries, offering a 401(k) plan is a competitive necessity. If you don’t offer one and a competitor does, it could mean the difference in a job candidate’s decision to accept their offer over yours. It could even send employees heading for the door. Assuming you do offer a 401(k), the challenge then becomes

Tax credits may help with the high cost of raising children

By |2020-02-25T18:33:13+00:00February 25th, 2020|Latest News|

If you’re a parent, or if you’re planning on having children, you know that it’s expensive to pay for their food, clothes, activities and education. Fortunately, there’s a tax credit available for taxpayers with children under the age of 17, as well as a dependent credit for older children. Recent tax law changes Changes made

Reasons why married couples might want to file separate tax returns

By |2020-02-24T23:01:50+00:00February 24th, 2020|Latest News|

Married couples often wonder whether they should file joint or separate tax returns. The answer depends on your individual tax situation. It generally depends on which filing status results in the lowest tax. But keep in mind that, if you and your spouse file a joint return, each of you is “jointly and severally” liable

Digital documents with e-signatures aren’t going away

By |2020-02-24T22:59:23+00:00February 24th, 2020|Latest News|

Have you applied for a business loan lately? Or had some repairs done on your facilities? Maybe you’ve signed a contract with a certain technologically inclined customer or vendor. In any of these instances, you (or one of your employees) probably had to electronically sign a digital document. So, the next question is: Why isn’t your company

How to make the most of your multigenerational workforce

By |2020-02-17T22:20:29+00:00February 17th, 2020|Latest News|

Many of today’s businesses employ workers from across the generational spectrum. Employees may range from Baby Boomers to members of Generation X to Millennials to the newest group, Generation Z. Managing a workforce with a wide age range requires flexibility and skill. If you’re successful, you’ll likely see higher employee morale, stronger productivity and a more